| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | Florida |
| Incentive Type: | Performance-Based Incentive |
| Web Site: | http://www.ouc.com/environment-community/solar/solar-incentives |
| Administrator: | Orlando Utilities Commission (OUC) |
| Eligible Renewable/Other Technologies: | Solar Water Heat, Solar Photovoltaics |
The Orlando Utilities Commission (OUC) offers to purchase the environmental attributes or renewable energy credits (RECs) from customers who install a photovoltaic (PV) and/or solar thermal energy system on their property. Incentive payments are equal to $0.05 per killowatt-hour (kWh) for commercial and residential PV systems. Under this program, the electricity output of the PV system is used on-site and REC payments are based on the system's total output. Any net excess generation produced by PV systems is credited to the system owner at the utility's full retail rate.
The Orlando Utilities Commission (OUC) also offers incentive for solar hot water heating systems. Commercial solar hot water heating systems receive a $0.03 per kWh equivalent. Residential customers can receive a $1,000 rebate for a solar hot water system and may be eligible for another $550 rebate if the system is financed through OUC's Residential Solar Loan program.
Production agreements have an initial term of five years and automatically renew for five-year terms unless terminated by written notice by either party. For installation financing options, OUC customers may apply for a low-interest Residential Solar Loan.
*Solar space heating systems and solar pool heating systems are not eligible. Solar water heating systems are metered in British Thermal Units (BTUs) and then converted to kWh to determine incentive credits.
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A solar PV system is custom-designed for your home. Final solar system price may vary based on your location, monthly utility bill, government incentives and rebates, the condition of your home, and local installation prices. Solar PV system output and estimated savings are calculated based on several factors including product type, system production, geography, weather, shade, electricity use, full utilization of the 30% solar investment tax credit, and utility rate structures and rate increases. Savings on your total electricity costs are not guaranteed. Financing options and terms vary by location, and may not be available in all areas. Solar QC is neither the lender nor the project installer. Solar QC License# 1130591
